On June 24, 2014, Rogers Corporation adopted the Rogers Corporation Deferred
Compensation Plan (the "Plan"), which is attached to this Form 8-K as Exhibit
10.1 and is incorporated by reference. The following summary of this settlement
agreement does not purport to be complete and is subject to and qualified in its
entirety by reference to Exhibit 10.1.

The Plan allows a select group of management and highly compensated employees to
defer up to 50% of salary and 100% of their bonus. The Plan also permits Rogers
Corporation to make discretionary company contributions on such terms and
conditions as it deems appropriate from time to time. Deferred amounts will be
adjusted based on the rate of return of one or more investment funds designated
by participating employees from a group of approved funds. Participating
employees are permitted to designate when deferred amounts will be paid
consistent with the rules applicable to nonqualified deferred compensation plans
under Section 409A of the Internal Revenue Code. Deferred amounts will continue
for all purposes to be a part of the general funds of Rogers Corporation and the
participants will be general creditors of Rogers Corporation with respect to
amounts payable under the Plan.